Duluth, MN (Northland's NewsCenter) - The Duluth School Board approved a maximum levy Thursday, giving residents an idea of how much more they'll be paying for the school's portion of property taxes.
The maximum raise approved was 4.9 percent.
This is only a preliminary number. It's a maximum, meaning that the number could only go down, not up when the board finalizes it in December.
For a home valued at $100,000, the increase would be $11 a year, or 93 cents a month.
If the district did not increase the levy at all, administration says it would mean adding to the projected $4.5-million deficit.
This levy covers items such as operating capital, Early Childhood Education, Referendum and Reemployment Insurance.
"The percentage increase was actually higher last year than it is for this year. While we're happy with that, we continue to be sensitive to the needs of the tax payers and look at any opportunity we can reasonably take to reduce the levy," said ISD 709 business director, Bill Hanson.
In December the school board will be approving what the final levy will be more than a month after voters decide what level of support, if any, to approve in the November 8th referendum for an operating levy.
The operating levy, which is on the ballot, is separate, and is meant to curb or eliminate the district's deficit, depending on what level of support residents vote for.
The maximum levy approved Thursday, would be in addition to the referendum this Fall.
Posted to Web by Jena Pike